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    Accounting Study Set 5
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    Exam 15: Companies: Effects on Retained Earnings, Share Splits and Buy-Backs, and the Income Statement
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    The Account to Be Debited When a Share Dividend Is
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The Account to Be Debited When a Share Dividend Is

Question 51

Question 51

Multiple Choice

The account to be debited when a share dividend is declared and distributed on the same date would be:


A) Retained earnings.
B) Cash.
C) Dividends.
D) Ordinary share capital.

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